Chapter 1 Flashcards
Is one in which nearly all of the organizations significant business relationship with customers, suppliers, and employees are digitally enabled and mediated
Digital Firms
Describe how a company produces, delivers, and sells a product or service to create wealth
Business model
Refer to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated
Business process
Are streams of raw facts representing events occurring in organization or the physical environment before they have been organized and arranged into a form that people can understand and use
Data
Data that have been shaped into a form that is meaningful and useful to human being
Information
A set of interrelated components that correct (or retrieve), process, store, and distribute information to support decision making and control in a organization
Information system
All the hardware and software that a firm needs to use in order to achieve its business objectives
Information technology (IT)
Computer or collects raw data from within the organization or from its external environment
Input
Covert this raw input into a meaningful form
Processing
Transfer the processed information into a meaningful form
Output
Output that is returned to appropriate members of the organization to help them evaluate or correct the input stage
Feedback
Focus primarily on knowledge of information technology
Computer literacy
Boarded-based understanding of information systems that includes behavioral knowledge about organizations and individuals using information system as well as technical knowledge about computersBoarded-based understanding of information systems that includes behavioral knowledge about organizations and individuals using information system as well as technical knowledge about computers
Information systems literacy
Deals with behavior issues as well as technical issues surrounding the development use, and impact of information system used managers and employees in a firm
Management information systems
Specialized tasks performed by business organizations, consist of sales and marketing, manufacturing and production, finance and accounting, and human
resources
Business functions